ZSE ends holiday shortened week in the black…
Market ended the week under review in the black ahead of the Unity Day holiday as the primary All Share Index added 2.03% to 198,791.48pts while, the Blue Chip Index gained 3.31% to 83,719.76pts. The Agriculture Index rose 1.58% to 622.84pts while, on the contrary Mid Cap Index lost 0.35% to 892,907.22pts. Fintech group Ecocash Holdings headlined the top performers of the day on a 14.69% jump to $160.0000 followed by Ariston that surged 12.50% to close at $45.0000. Seed producer Seed Co advanced 11.53% to $965.0000 as Star Africa climbed 6.73% to settle at $5.3364. Brick manufacturer Willdale Limited capped the winners of the day on a 6.34% uplift to end the day pegged at $43.4442. Retailer OKZIM led the laggards of the day on a 4.97% slid to $190.0130 while, FML shed 4.76% to $1,000.0000. Apparel retailer, Edgars completed the fallers of the day on a 1.44% drop to end the week pegged at $90.0000. The market closed with a positive breadth of ten after thirteen counters registered gains against three that faltered.
Activity aggregates were depressed in the last session of the week as volume traded succumbed 67.77% to 1.73m shares while, total value traded declined 0.60% to $3.85bn. Delta was dominant in the last session of the week as it contributed 70.56% of the total volume traded. The other top volume drivers of the day were Zimpapers, OKZIM and FBC Holdings that contributed 9.54%, 7.09% and 3.72% respectively. The top value drivers of the day were Delta (96.47%), FBC Holdings (1.44%), Proplastics (0.69%) and OKZIM (0.57%). On the ETF section, a total of 89,502 units exchanged hands. Datvest ETF and MMCS ETF eased 4.93% and 1.75% to $8.3374 and $560.0000 respectively. Cass Saddle ETF firmed up 1.45% to end the week pegged at $5.588. Tigere REIT inched up 5.76% to settle at 322.5636 while, Revitus REIT remain unactive for the second day in a row.